I just had a prospective tenant tell me that he would want to pre-pay the yearly rental fee in cash upfront because "that is just the way he does business." My gut tells me that this is a red flag. I would still scr...
I am purchasing a home in Wisconsin and offering it for rent. I have had a veteran ask me if I would be interested in offering this home as a Veterans home? It sounds interesting to me and would like to entertain this...
Recently, I ran into this infographic. Very interesting predictions from Fannie, Wells and the MBA. If the forecasts are accurate, we are around the corner from another hot market with rates set to drop almost two per...
Hi all-I was reading one of the blog posts on the Short Term Shop blog about Schedule E vs C, passive vs non-passive. In the blog, they reference, "According to Treasury regulations, vacation rental owners who rent th...
When acquiring a property, is there any benefit to taking out less leverage on a property? Let's say you finance only 50% versus 70% of the acquisition price.
Why would anyone pay for a property with all cash or more...
I am in the process of establishing my LLC and I am interested in setting up a business line of credit for the corporation. I wanted to ask if anyone here could recommend a bank or financial institution where I could...
My tenant wants to get Satellite T.V. instead of cable..
I have never hung a satellite dish on my roof before... but Im guessing depending on the person doing the work it could possibly create damage if not d...
Hi guys! I put in an offer on my first cash flow prop. And it has been accepted!! How ever I am now second guessing if buying in that Particular neighborhood was a good choice. There is not a lot of diversity, doesn’t...